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  Jesse Jackson Jr., wife agree to plead guilty
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ContributorChronicler 
Last EditedChronicler  Feb 16, 2013 06:19am
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CategoryNews
AuthorPete Yost
MediaWebsite - Yahoo News
News DateFriday, February 15, 2013 12:00:00 PM UTC0:0
DescriptionWASHINGTON (AP) — In a spectacular fall from political prominence, former U.S. Rep. Jesse Jackson Jr. and his wife agreed Friday to plead guilty to federal charges growing out of what prosecutors said was a scheme to use $750,000 in campaign funds for lavish personal expenses...

Federal prosecutors filed one charge of conspiracy against the former Chicago congressman and charged his ex-alderman wife, Sandra, with one count of filing false joint federal income tax returns for the years 2006 through 2011 that knowingly understated the income the couple received. Both agreed to plead guilty in deals with federal prosecutors.

Both face maximum penalties of several years in prison; he also faces hundreds of thousands of dollars in fines and forfeitures. But the government did not immediately release the text of its plea agreements...
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